Ken (birthdate July 1, 1987) and Amy (birthdate July 4, 1989) Booth have brought you the following information regarding their income, expenses, and withholding for the year. They are unsure which of these items must be used to calculate taxable income.

Ken (birthdate July 1, 1987) and Amy (birthdate July 4, 1989) Booth have brought you the following information regarding their income, expenses, and withholding for the year. They are unsure which of these items must be used to calculate taxable income. Income: Ken's salary (salesman) Amy's wages (part-time nurse) Insurance reimbursement for repairs from an auto accident Gift from Uncle George Interest income from Lodge State Bank $28,345 17,490 500 2,000 833 Federal income taxes withheld: From Ken's salary 2,600 From Amy's wages 650 Amy owns and operates a computer bookstore named "The Disk Drive". The store is located at 2000 Broadway Street, Menomonie, WI 54751. During 2018, Amy had the following income and expenses: Sales of books $320,985 Store rental Office expense Advertising City business license Payroll Payroll taxes Utilities Other 15,985 6,150 11,700 1,020 83,550 8,392 8,050 3,000 184,855 Cost of inventory sold Amy treats inventory as non-incidental materials and supplies. This year, Amy loaned a friend $10,000 so that he could make an investment. Instead of making the investment, the friend lost all the money gambling and left for parts unknown. Amy has no hope of ever collecting on this bad debt. Ken, who ordinarily never gambles, won $20,000 at a casino birthday party for one of his friends. The Booths provide the sole support for Ken's parents, Rod (Social Security number 124-80-9050) and Mary (Social Security number 489-37-6676) Booth, who live in their own home. Ken and Amy live at 2345 Wilson Avenue, Menomonie, WI, 54751, and their Social Security numbers are 343- 75-3456 (Ken) and 123-45-7890 (Amy). Required: Complete the Booth's Form 1040 and the related schedules and forms provided. Assume the taxpayers had full-year health coverage and neither taxpayer wants to contribute to the presidential election campaign. Ken & Amy Booth Wages, salaries, tips, etc. Attach Form(s) W-2 . . Tax-exempt interest Qualified dividends Form 1040 (2018) 343-75-3456 Page 2 1 2a 3a b Taxable interest nary dividends 3b Attach Form(s) W 2. Also attach Form(s) W-2G and 1099-R if tax was 5a Social security benefits5a withheld. IRAs, pensions, and b Taxable amount b Taxable amount 5b 6 Total income. Add lines 1 through 5. Add any amount from Schedule 1, line 22 7 Adjusted gross income. If you have no adjustments to income, enter the amount from line 6; otherwise, subtract Schedule 1, line 36, from line 6 Standard deduction or itemized deductions (from Schedule A) Qualified business income deduction (see instructions) Taxable income. Subtract lines 8 and 9 from line 7. If zero or less, enter-0- a Tax (see inst) Standard 8 9 10 11 Deduction for- Single or married 10 $12,000 check if any from: 1 Form(s) 8814 2 Form 4972 Married filing jointly or Qualifying widow(er), $24,000 b Add any amount from Schedule 2 and check here a Child tax credit/credit for other dependents b Add any amount from Schedule 3 and check here Subtract line 12 from line 11. If zero or less, enter -0 12 12 13 14 15 16 $18,000 . If you checked any box under 13 14 Other taxes. Attach Schedule 4. 15 Total tax. Add lines 13 and 14 16 Federal income tax withheld from Forms W-2 and 1099 17 Refundable credits: a EIC (see inst.) deduction, see b Sch 8812 c Form 8863 Add any amount from Schedule 5 Add lines 16 and 17. These are your total payments If line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpaid 17 18 18 19 Refund 19 20a Amount of line 1 9 you want refunded to you. If Form 8888 is attached, check 20a Direct deposit?bRouting number c Type: D Checking Savings d Account number 21 Amount of line 19 you want applied to your See instructions. OMB No. 1545-0074 SCHEDULE 1 (Form 1040) Department of the Treasury Internal Revenue Service Additional Income and Adjustments to Income 2018 Attach to Form 1040 Attachment Go to www.rs.gov/Form1040 for instructions and the latest information. Sequence No. 01 Name(s) shown on Form 1040 Ken and Amy Booth Your social security number 343-75-3456 Additional 1-9b Reserved 1-9b 10 10 11 12 13 Taxable refunds, credits, or offsets of state and local income taxes Alimony Business income or (loss). Attach Schedule C or C-EZ Capital gain or (loss). Attach Schedule D if required. If not required, check here Income received 12 13 14 15b 16b 14 Other gains or (losses). Attach Form 4797 16a Reserved. . 17 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 18 Farm income or (loss). Attach Schedule F 19 Unemployment compensation . 20a Reserved... . 21 Other income. List type and amount 22 Combine the amounts in the far right column. If you don't have any adjustments 17 18 19 20b 21 to income, enter here and include on Form 1040, line 6. Otherwise, go to line 2322 Adiustments 23 Educator expenses 23 1 Gross receipts or sales. See instructions for line 1 and check the box if this income was reported to you on Form W-2 and the "Statutory employee" box on that form was checked 2 Returns and allowances 3 Subtract line 2 from line 1.. . . 4 Cost of goods sold (from line 42) 5 Gross profit. Subtract line 4 from line3 6 Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) 7 Gross income. Add lines 5 and 6 Part II 8 Advertising 9 Car and truck expenses (see 7 Expenses. Enter expenses for business use of your home only on line 30 8 18 18 19 20 Office expense (see instructions) Pension and profit-sharing plans Rent or lease (see instructions): 19 10 10 Commissions and fees 11 Contract labor (see instructions)11 12 Depletion 13 Depreciation and section 179 20a 20b 21 a Vehicles, machinery, and equipment b Other business property 21 Repairs and maintenance 22 Supplies (not included in Part III) 23 Taxes and licenses 24 Travel and meals: 12 expense deduction (not included 23 in Part III) (see instructions) 13 14 Employee benefit programs a Travel 24a (other than on line 19) 14 b Deductible meals (see 15 24b 25 26 27a 27b 28 29 15 Insurance (other than health) instructions) 16 Interest (see instructions): 16a 16b 17 25 Utilities 26 Wages (less employment credits) 27a Other a Mortgage (paid to banks, etc.) b Other expenses (from ine 48) 17 Legal and professional services 28 Total expenses before expenses for business use of home. Add lines 8 through 27a 29 Tentative profit or (loss). Subtract line 28 from line 7... . 30 Expenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829 unless b Reserved for future use.. using the simplified method (see instructions) Simplified method filers only: enter the total square footage of: (a) your home of your home used for business the amount to enter on line 30 :and (b) the part Use the Simplified Method Worksheet in the instructions to figure 30 31 Net profit or (loss). Subtract line 30 from line 29 31 If a profit, enter on both Schedule 1 (Form 1040), line 12 (or Form 1040NR, line 13) and on Part III Cost of Goods Sold (see instructions) 33 Method(s) used to value closing inventory Was there any change in determining quantities, costs, or valuations between opening and closing inventory? If Yes," attach explanation a Cost b Lower of cost or market c D Other (attach explanation) 34 Yes No 35 Inventory at beginning of year. If different from last year's closing inventory, attach explanation 36 Purchases less cost of items withdrawn for personal use 37 Cost of labor. Do not include any amounts paid to yourself. 38 Materials and supplies 39 Other costs 40 Add lines 35 through 39 41 Inventory at end of year 42 Cost of goods sold. Subtract line 41 from line 40. Enter the result here and on line 4 Part I 35 36 37 38 39 40 41 42 Information on Your Vehicle. Complete this part only if you are claiming car or truck expenses on line 9 and are not required to file Form 4562 for this business. See the instructions for line 13 to find out if you must file Form 4562. 43 When did you place your vehicle in service for business purposes? (month, day, year) 44 Of the total number of miles you drove your vehicle during 2018, enter the number of miles you used your vehicle for: a Business 45 Was your vehicle available for personal use during off-duty hours?.. 46 Do you (or your spouse) have another vehicle available for personal use? 47a Do you have evidence to support your deduction? b Commuting (see instructions) c Other Yes No Yes No Yes No Yes No b If "Yes," is the evidence written? Part V Other Expenses. List below business expenses not included on lines 8-26 or line 30 Other 48 Total other expenses. Enter here and on line 27a 48 SCHEDULE D OMB No. 1545-0074 (Form 1040) Capital Gains and Losses 2018 Attach to Form 1040 or Form 1040NR. Go to www.irs.gov/ScheduleD for instructions and the latest information. Use Form 8949 to list your transactions for lines 1b, 2, 3, 8b, 9, and 10. Department of the Treasury Internal Revenue Service (99) Name(s) shown on return Ken and Amy Booth Sequence No. 12 Your social security number 343-75-3456 Part I Short-Term Capital Gains and Losses-Generally Assets Held One Year or Less (see instructions) See instructions for how to figure the amounts to enter on the lines below. (h) Gain or (loss) Subtract column (e) from column (d) and combine Adjustments to gain or loss from This form may be easier to complete if you round off cents to wholeProceeds (sales Cost (or other Form(s) 8949 dollars Part I, line 2,the result with column (g) price) basis) column (g) 1a Totals for all short-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if report all these transactions on Form 8949, leave this line blank and go to line 1b Totals for all transactions reported on Form (s) 8949 with Box A checked Totals for all transactions reported on Form(s) 8949 with Box B you choose to 1b 2 3 Totals for all transactions reported on Form(s) 8949 with Box C checked 4 5 6 Short-term gain from Form 6252 and short-term gain or (loss) from Forms 4684, 6781, and 8824 Net short-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1 Short-term capital loss carryover. Enter the amount, if any, from line 8 of your Capital Loss Carryover Worksheet in the instructions 6 7 Net short-term capital gain or (loss). Combine lines 1a through 6 in column h). If you have any long-term capital gains or losses, go to Part II below. Otherwise, go to Part III on the back Schedule D (Form 1040) 2018 Ken & Amy Booth 343-75-3456 Page 2 Part Summary 16 Combine lines 7 and 15 and enter the result 16 If line 16 is a gain, enter the amount from line 16 on Schedule 1 (Form 1040), line 13, or Form 1040NR, line 14. Then go to line 17 below If line 16 is a loss, skip lines 17 through 20 below. Then go to line 21. Also be sure to complete line 22. If line 16 is zero, skip lines 17 through 21 below and enter -0-on Schedule 1 (Form 1040), line 13, or Form 1040NR, line 14. Then go to line 22. 17 Are lines 15 and 16 both gains? Yes. Go to line 18 No. Skip lines 18 through 21, and go to line 22. 18 If you are required to complete the 28% Rate Gain Worksheet (see instructions), enter the amount, if any, from line 7 of that worksheet 18 19 If you are required to complete the Unrecaptured Section 1250 Gain Worksheet (see instructions), enter the amount, if any, from line 18 of that worksheet 19 20 Are lines 18 and 19 both zero or blank? Yes. Complete the Qualified Dividends and Capital Gain Tax worksheet in the instructions for Form 1040, ine 11a (or in the instructions for Form 1040NR, line 42). Don't complete lines 21 and 22 below. D No. Complete the Schedule D Tax Worksheet in the instructions. Don't complete lines 21 and 22 below 21 If line 16 is a loss, enter here and on Schedule 1 (Form 1040), line 13, or Form 1040NR, line 14, the smaller of: 21( The loss on line 16; or . ($3,000), or if married filing separately, ($1,500) You must check Box A, B, or C below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. (A) Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) D (B) Short-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS (C) Short-term transactions not reported to you on Form 1099-B Adjustment, if any, to gain or loss. If you enter an amount in column (g) Gain or (loss) code in column Subtract column enter a Cost or other Proceeds basis. See the (sales price) Note below and see Column (e) Description of property Date acquired (Example: 100 sh. XYZ See the separate instructions. (e) from column (d) and combine Date sold or (Mo., day, yr)(Mo, day, yr) disposed of the result with Co.) instructions) in the serate Code(s) from Amount of Column (9) instructions adjustment Non-Business Bad Debt 12/31/18 2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line 1b (if Box A above is checked), line 2 (if Box B above is checked), or line 3 (if Box C above is checked) Ken (birthdate July 1, 1987) and Amy (birthdate July 4, 1989) Booth have brought you the following information regarding their income, expenses, and withholding for the year. They are unsure which of these items must be used to calculate taxable income. Income: Ken's salary (salesman) Amy's wages (part-time nurse) Insurance reimbursement for repairs from an auto accident Gift from Uncle George Interest income from Lodge State Bank $28,345 17,490 500 2,000 833 Federal income taxes withheld: From Ken's salary 2,600 From Amy's wages 650 Amy owns and operates a computer bookstore named "The Disk Drive". The store is located at 2000 Broadway Street, Menomonie, WI 54751. During 2018, Amy had the following income and expenses: Sales of books $320,985 Store rental Office expense Advertising City business license Payroll Payroll taxes Utilities Other 15,985 6,150 11,700 1,020 83,550 8,392 8,050 3,000 184,855 Cost of inventory sold Amy treats inventory as non-incidental materials and supplies. This year, Amy loaned a friend $10,000 so that he could make an investment. Instead of making the investment, the friend lost all the money gambling and left for parts unknown. Amy has no hope of ever collecting on this bad debt. Ken, who ordinarily never gambles, won $20,000 at a casino birthday party for one of his friends. The Booths provide the sole support for Ken's parents, Rod (Social Security number 124-80-9050) and Mary (Social Security number 489-37-6676) Booth, who live in their own home. Ken and Amy live at 2345 Wilson Avenue, Menomonie, WI, 54751, and their Social Security numbers are 343- 75-3456 (Ken) and 123-45-7890 (Amy). Required: Complete the Booth's Form 1040 and the related schedules and forms provided. Assume the taxpayers had full-year health coverage and neither taxpayer wants to contribute to the presidential election campaign. Ken & Amy Booth Wages, salaries, tips, etc. Attach Form(s) W-2 . . Tax-exempt interest Qualified dividends Form 1040 (2018) 343-75-3456 Page 2 1 2a 3a b Taxable interest nary dividends 3b Attach Form(s) W 2. Also attach Form(s) W-2G and 1099-R if tax was 5a Social security benefits5a withheld. IRAs, pensions, and b Taxable amount b Taxable amount 5b 6 Total income. Add lines 1 through 5. Add any amount from Schedule 1, line 22 7 Adjusted gross income. If you have no adjustments to income, enter the amount from line 6; otherwise, subtract Schedule 1, line 36, from line 6 Standard deduction or itemized deductions (from Schedule A) Qualified business income deduction (see instructions) Taxable income. Subtract lines 8 and 9 from line 7. If zero or less, enter-0- a Tax (see inst) Standard 8 9 10 11 Deduction for- Single or married 10 $12,000 check if any from: 1 Form(s) 8814 2 Form 4972 Married filing jointly or Qualifying widow(er), $24,000 b Add any amount from Schedule 2 and check here a Child tax credit/credit for other dependents b Add any amount from Schedule 3 and check here Subtract line 12 from line 11. If zero or less, enter -0 12 12 13 14 15 16 $18,000 . If you checked any box under 13 14 Other taxes. Attach Schedule 4. 15 Total tax. Add lines 13 and 14 16 Federal income tax withheld from Forms W-2 and 1099 17 Refundable credits: a EIC (see inst.) deduction, see b Sch 8812 c Form 8863 Add any amount from Schedule 5 Add lines 16 and 17. These are your total payments If line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpaid 17 18 18 19 Refund 19 20a Amount of line 1 9 you want refunded to you. If Form 8888 is attached, check 20a Direct deposit?bRouting number c Type: D Checking Savings d Account number 21 Amount of line 19 you want applied to your See instructions. OMB No. 1545-0074 SCHEDULE 1 (Form 1040) Department of the Treasury Internal Revenue Service Additional Income and Adjustments to Income 2018 Attach to Form 1040 Attachment Go to www.rs.gov/Form1040 for instructions and the latest information. Sequence No. 01 Name(s) shown on Form 1040 Ken and Amy Booth Your social security number 343-75-3456 Additional 1-9b Reserved 1-9b 10 10 11 12 13 Taxable refunds, credits, or offsets of state and local income taxes Alimony Business income or (loss). Attach Schedule C or C-EZ Capital gain or (loss). Attach Schedule D if required. If not required, check here Income received 12 13 14 15b 16b 14 Other gains or (losses). Attach Form 4797 16a Reserved. . 17 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 18 Farm income or (loss). Attach Schedule F 19 Unemployment compensation . 20a Reserved... . 21 Other income. List type and amount 22 Combine the amounts in the far right column. If you don't have any adjustments 17 18 19 20b 21 to income, enter here and include on Form 1040, line 6. Otherwise, go to line 2322 Adiustments 23 Educator expenses 23 1 Gross receipts or sales. See instructions for line 1 and check the box if this income was reported to you on Form W-2 and the "Statutory employee" box on that form was checked 2 Returns and allowances 3 Subtract line 2 from line 1.. . . 4 Cost of goods sold (from line 42) 5 Gross profit. Subtract line 4 from line3 6 Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) 7 Gross income. Add lines 5 and 6 Part II 8 Advertising 9 Car and truck expenses (see 7 Expenses. Enter expenses for business use of your home only on line 30 8 18 18 19 20 Office expense (see instructions) Pension and profit-sharing plans Rent or lease (see instructions): 19 10 10 Commissions and fees 11 Contract labor (see instructions)11 12 Depletion 13 Depreciation and section 179 20a 20b 21 a Vehicles, machinery, and equipment b Other business property 21 Repairs and maintenance 22 Supplies (not included in Part III) 23 Taxes and licenses 24 Travel and meals: 12 expense deduction (not included 23 in Part III) (see instructions) 13 14 Employee benefit programs a Travel 24a (other than on line 19) 14 b Deductible meals (see 15 24b 25 26 27a 27b 28 29 15 Insurance (other than health) instructions) 16 Interest (see instructions): 16a 16b 17 25 Utilities 26 Wages (less employment credits) 27a Other a Mortgage (paid to banks, etc.) b Other expenses (from ine 48) 17 Legal and professional services 28 Total expenses before expenses for business use of home. Add lines 8 through 27a 29 Tentative profit or (loss). Subtract line 28 from line 7... . 30 Expenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829 unless b Reserved for future use.. using the simplified method (see instructions) Simplified method filers only: enter the total square footage of: (a) your home of your home used for business the amount to enter on line 30 :and (b) the part Use the Simplified Method Worksheet in the instructions to figure 30 31 Net profit or (loss). Subtract line 30 from line 29 31 If a profit, enter on both Schedule 1 (Form 1040), line 12 (or Form 1040NR, line 13) and on Part III Cost of Goods Sold (see instructions) 33 Method(s) used to value closing inventory Was there any change in determining quantities, costs, or valuations between opening and closing inventory? If Yes," attach explanation a Cost b Lower of cost or market c D Other (attach explanation) 34 Yes No 35 Inventory at beginning of year. If different from last year's closing inventory, attach explanation 36 Purchases less cost of items withdrawn for personal use 37 Cost of labor. Do not include any amounts paid to yourself. 38 Materials and supplies 39 Other costs 40 Add lines 35 through 39 41 Inventory at end of year 42 Cost of goods sold. Subtract line 41 from line 40. Enter the result here and on line 4 Part I 35 36 37 38 39 40 41 42 Information on Your Vehicle. Complete this part only if you are claiming car or truck expenses on line 9 and are not required to file Form 4562 for this business. See the instructions for line 13 to find out if you must file Form 4562. 43 When did you place your vehicle in service for business purposes? (month, day, year) 44 Of the total number of miles you drove your vehicle during 2018, enter the number of miles you used your vehicle for: a Business 45 Was your vehicle available for personal use during off-duty hours?.. 46 Do you (or your spouse) have another vehicle available for personal use? 47a Do you have evidence to support your deduction? b Commuting (see instructions) c Other Yes No Yes No Yes No Yes No b If "Yes," is the evidence written? Part V Other Expenses. List below business expenses not included on lines 8-26 or line 30 Other 48 Total other expenses. Enter here and on line 27a 48 SCHEDULE D OMB No. 1545-0074 (Form 1040) Capital Gains and Losses 2018 Attach to Form 1040 or Form 1040NR. Go to www.irs.gov/ScheduleD for instructions and the latest information. Use Form 8949 to list your transactions for lines 1b, 2, 3, 8b, 9, and 10. Department of the Treasury Internal Revenue Service (99) Name(s) shown on return Ken and Amy Booth Sequence No. 12 Your social security number 343-75-3456 Part I Short-Term Capital Gains and Losses-Generally Assets Held One Year or Less (see instructions) See instructions for how to figure the amounts to enter on the lines below. (h) Gain or (loss) Subtract column (e) from column (d) and combine Adjustments to gain or loss from This form may be easier to complete if you round off cents to wholeProceeds (sales Cost (or other Form(s) 8949 dollars Part I, line 2,the result with column (g) price) basis) column (g) 1a Totals for all short-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if report all these transactions on Form 8949, leave this line blank and go to line 1b Totals for all transactions reported on Form (s) 8949 with Box A checked Totals for all transactions reported on Form(s) 8949 with Box B you choose to 1b 2 3 Totals for all transactions reported on Form(s) 8949 with Box C checked 4 5 6 Short-term gain from Form 6252 and short-term gain or (loss) from Forms 4684, 6781, and 8824 Net short-term gain or (loss) from partnerships, S corporations, estates, and trusts from Schedule(s) K-1 Short-term capital loss carryover. Enter the amount, if any, from line 8 of your Capital Loss Carryover Worksheet in the instructions 6 7 Net short-term capital gain or (loss). Combine lines 1a through 6 in column h). If you have any long-term capital gains or losses, go to Part II below. Otherwise, go to Part III on the back Schedule D (Form 1040) 2018 Ken & Amy Booth 343-75-3456 Page 2 Part Summary 16 Combine lines 7 and 15 and enter the result 16 If line 16 is a gain, enter the amount from line 16 on Schedule 1 (Form 1040), line 13, or Form 1040NR, line 14. Then go to line 17 below If line 16 is a loss, skip lines 17 through 20 below. Then go to line 21. Also be sure to complete line 22. If line 16 is zero, skip lines 17 through 21 below and enter -0-on Schedule 1 (Form 1040), line 13, or Form 1040NR, line 14. Then go to line 22. 17 Are lines 15 and 16 both gains? Yes. Go to line 18 No. Skip lines 18 through 21, and go to line 22. 18 If you are required to complete the 28% Rate Gain Worksheet (see instructions), enter the amount, if any, from line 7 of that worksheet 18 19 If you are required to complete the Unrecaptured Section 1250 Gain Worksheet (see instructions), enter the amount, if any, from line 18 of that worksheet 19 20 Are lines 18 and 19 both zero or blank? Yes. Complete the Qualified Dividends and Capital Gain Tax worksheet in the instructions for Form 1040, ine 11a (or in the instructions for Form 1040NR, line 42). Don't complete lines 21 and 22 below. D No. Complete the Schedule D Tax Worksheet in the instructions. Don't complete lines 21 and 22 below 21 If line 16 is a loss, enter here and on Schedule 1 (Form 1040), line 13, or Form 1040NR, line 14, the smaller of: 21( The loss on line 16; or . ($3,000), or if married filing separately, ($1,500) You must check Box A, B, or C below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. (A) Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) D (B) Short-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS (C) Short-term transactions not reported to you on Form 1099-B Adjustment, if any, to gain or loss. If you enter an amount in column (g) Gain or (loss) code in column Subtract column enter a Cost or other Proceeds basis. See the (sales price) Note below and see Column (e) Description of property Date acquired (Example: 100 sh. XYZ See the separate instructions. (e) from column (d) and combine Date sold or (Mo., day, yr)(Mo, day, yr) disposed of the result with Co.) instructions) in the serate Code(s) from Amount of Column (9) instructions adjustment Non-Business Bad Debt 12/31/18 2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line 1b (if Box A above is checked), line 2 (if Box B above is checked), or line 3 (if Box C above is checked)